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Yari Film Group

From Wikipedia, the free encyclopedia
Yari Film Group, LLC
Company typePrivate
IndustryMotion pictures
Founded2005; 19 years ago (2005)
HeadquartersLos Angeles, California, United States
ProductsMotion pictures

The Yari Film Group (YFG) is an independent film company headed by producer Bob Yari. The company deals in financing, production, acquisition, sales and distribution of theatrical feature films.[1]

The Yari Film Group was formed in 2005 through the merger of Stratus Film Company, Bull’s Eye Entertainment, El Camino Pictures, Bob Yari Productions, and Syndicate Films International.[2][3][1] YFG is led by Bob Yari, who intended to create a film consortium that would minimize investment risk and maximize creative freedom for filmmakers by financing a large slate of diverse films.[4][5] Within the first two years, the group had produced 16 films.[6] The company's early production credits included Academy Award Winner Crash, led by Matt Dillon and Sandra Bullock; The Hoax, with Richard Gere; The Matador with Pierce Brosnan; The Painted Veil starring Edward Norton; A Love Song for Bobby Long with John Travolta; Dave Chappelle's Block Party; Prime with Meryl Streep; Thumbsucker with Keanu Reeves and Vince Vaughn and Nothing but the Truth starring Kate Beckinsale.[7][6]

History

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Yari Film Group Releasing (YFGR), the distribution arm of YFG, was created in 2006. YFGR's first releases were Winter Passing, starring Will Ferrell and Ed Harris, and Find Me Guilty, starring Vin Diesel. That same year, YFGR distributed The Illusionist, starring Edward Norton, Paul Giamatti and Jessica Biel, which pulled in roughly $40 million at the U.S. box office, and demonstrated the success of the platform release model.[8] YFGR adopted an early strategy of producing and acquiring independent films with major name talent attached, such as The Illusionist, Winter Passing, Haven (with Orlando Bloom and Bill Paxton), Shortcut to Happiness (starring Alec Baldwin, Anthony Hopkins and Jennifer Love Hewitt) and Even Money (with Forest Whitaker, Ray Liotta and Danny DeVito).

Yari Film Group's distribution platform filed for bankruptcy on December 12, 2008, due to various box office flops, tightening credit markets and the bankruptcy of payroll company Axium, which according to Yari swept millions of dollars from its payroll accounts, as a “perfect storm” that sunk the company financially.[9][10] Yari's last few films would instead be released directly to DVD by the company's home video partners, 20th Century Fox Home Entertainment and Sony Pictures Home Entertainment. Since then, the company has remained mostly silent, though it has still been retained by Yari for some films he's contributed to such as Guns, Girls and Gambling, Papa: Hemingway in Cuba and the upcoming Fireflies at El Mozote.[11] Yari has licensed the rights to a majority of their films to Moonstone Entertainment, who has rereleased them on home video through MVD Entertainment Group and on streaming through FilmRise.

List of Yari Film Group Releasing films

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2004

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2005

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2006

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2007

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2008

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2009

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2012

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2015

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In Production

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  • Fireflies at El Mozote[11]

References

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  1. ^ a b Mohr, Ian (April 12, 2006). "Magic act for Yari's distrib arm". Variety.
  2. ^ "Yari's pic promises coming true". Variety. May 11, 2004. Retrieved July 1, 2022.
  3. ^ Dunkley, Cathy (December 12, 2004). "Immerman boards Yari". Variety. Retrieved July 1, 2022.
  4. ^ Kaufman, Anthony (October 29, 2006). "Small Miracles". Variety. Retrieved July 1, 2022.
  5. ^ "Mall mogul makes movie moves". Variety. August 3, 2003. Retrieved July 1, 2022.
  6. ^ a b Harris, Dana (March 27, 2005). "Inside Move: Yari's now yearning to combine shingles". Variety. Retrieved July 1, 2022.
  7. ^ Liptak, Adam (December 5, 2008). "A Fictional Reporter in a Real-Life Mess". The New York Times. Retrieved July 1, 2022.
  8. ^ Brew, Simon (January 6, 2021). "When Alec Baldwin's directorial debut was impounded by the authorities". Film Stories. Retrieved July 1, 2022.
  9. ^ Fernandez, Borys Kit,Jay A.; Kit, Borys; Fernandez, Jay A. (2008-12-12). "Yari distribution unit forced into bankruptcy". The Hollywood Reporter. Retrieved 2022-07-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  10. ^ "Yari Film Group Releasing Crashes Due to Bankruptcy | FirstShowing.net". www.firstshowing.net. 15 December 2008. Retrieved 2022-07-07.
  11. ^ a b "El Salvador Civil War Movie 'Fireflies at El Mozote,' Exec Produced by Bob Yari, Greenlit by Premiere". Variety. July 1, 2022. Retrieved July 1, 2022.